研討日期 |
2021年8月23日上午10:30~ 12:20 |
研討地點 |
國立臺灣大學Webex Meeting |
主講題目 Title of the paper |
Can Firms Benefit From Competition? |
作者 Authors of the paper |
Mohammad M. Fazel-Zarandi,
Ignatius Horstmann, Frank Mathewson |
文獻出處 Journal, vol.(issue), pp |
International Journal of Industrial Organization 76 (2021) 102740 |
主講人 |
王佳琪 |
參加人員 |
王佳琪、Beny Trias Oktora、彭正浩、Bui Dang-Long、Dong Van Chung、黃鴻、丁虹仁、施姵全、周冰瑤、張瑞雲、林晏如、Suttiwan 蘇婷、周宗翰、梁文榮、林燕淑、吳世傑、郭文忠、楊雅棠、王羿傑、羅先佑、許至乙、陳彥勲 |
摘要 Abstract of the paper |
We typically assume that exit
of competitors from an industry benefits those that remain. We show here
that, when one accounts for the supply chain effects of exit, this need not
be the case. Specifically, when exit downstream induces exit of upstream
producers, input prices rise to the detriment of downstream firms. If
mark-ups on inputs are large while downstream mark-ups are small, then exit
of downstream competitors reduces the profits of non-exiting firms. We show
that this result is quite general and argue that it has application beyond
competition policy, being especially apt in the area of industry dynamics. |